KKR Real Estate Finance Trust Inc — Financial Statements (NYSE:KREF)

Financials

Total revenue 91.53 M161.45 M85.11 M12.95 M94.4 M10.7 M 9.51 M Gross profit 41.19 M157.39 M-24.62 M-164.25 M14.22 M-108.95 M -110.14 M Operating expenses 102.59 M54.06 M185.03 M252.54 M22.12 M23.07 M 23.07 M Selling/general/admin expenses 14.24 M14.23 M17.62 M18.79 M18.41 M18.06 M 18.06 M Research & development —————— — Operating income -61.4 M103.33 M-209.65 M-416.79 M-7.89 M-132.02 M -133.21 M Non-Operating Income, Total 1.28 M12.18 M19.19 M21.2 M29.51 M22.5 M 22.5 M Interest expense, net of interest capitalized 127.31 M114.44 M236.09 M458.8 M412.91 M322.96 M 322.96 M Non-Operating Income, excl. Interest Expenses -126.78 M-102.94 M-222.47 M-448.84 M-389.14 M-305.1 M -305.1 M Unusual income/expense 744 K686 K5.57 M11.24 M5.74 M4.65 M 4.65 M Pretax income 54.81 M137.87 M37.65 M30.95 M34.58 M50.65 M 76.19 M Equity in earnings 537 K6.37 M4.66 M1.42 M1.52 M512 K 512 K Taxes 412 K684 K58 K710 K248 K156 K 156 K Non-controlling/minority interest 0—510 K806 K1.26 M3.44 M 3.44 M After tax other income/expense —————— — Net income before discontinued operations 54.4 M137.18 M38.1 M30.85 M35.59 M47.05 M 74.61 M Discontinued operations —————— — Net income 54.4 M137.18 M38.1 M30.85 M35.59 M47.05 M 74.61 M Dilution adjustment —-8.25 M—44.37 M-1.22 M44.14 M 32.74 M Preferred dividends —3.3 M—21.3 M21.3 M21.3 M 21.3 M Diluted net income available to common stockholders 53.55 M125.64 M15.37 M53.92 M13.07 M69.89 M 86.04 M Basic earnings per share (Basic EPS) 0.962.220.23-0.780.19-1.05 -1.05 Diluted earnings per share (Diluted EPS) 0.962.210.23-0.780.19-1.05 -1.05 Average basic shares outstanding 55.99 M56.57 M67.55 M69.18 M69.4 M66.81 M 267.28 M Diluted shares outstanding 56.06 M56.78 M67.55 M69.18 M69.4 M66.81 M 267.28 M EBITDA -39.07 M119.06 M-185.72 M-390.54 M-6.91 M-129.41 M -130.6 M EBIT -61.4 M103.33 M-209.65 M-416.79 M-7.89 M-132.02 M -133.21 M Cost of revenue 50.34 M4.06 M109.73 M177.2 M80.18 M119.65 M 119.65 M Other cost of goods sold —————— — Depreciation & amortization (cash flow) 22.33 M15.73 M23.93 M26.25 M983 K2.6 M 2.6 M